LISA selling life insurance

Need help selling your Life Policy?

Each year more than $100 billion face value of life insurance lapses by seniors over the age of 65 – mostly from a lack of knowledge that an unneeded or unaffordable policy may be sold. There are numerous reasons to consider when selling a life policy.

LISA members can help you with every type of insurance policy, including term insurance. However, the majority of policies sold in the secondary market for life insurance are universal life insurance policies.

Policies may be owned individually or through a corporation, foundation, trust, non-profit organization, or business. It is also very important that all beneficiaries understand the process, agree to the sale, and are actively involved in the sales process.

Our mission is to advance the highest standards of practice and professional development for the industry and to educate consumers and advisors about a life settlement as an alternative to lapse or surrender of a life insurance policy.

For more than 20 years, the Association has been the voice of the industry. Membership includes 90 firms representing life settlement brokers, providers, investment firms, law firms, medical underwriters, consultants, actuaries, trustees & escrow agents. The market is well-regulated affording consumers comprehensive protection under state life settlement laws. Members of the Association are required to annually attest to abiding by a Code of Ethics and Standards of Professional Conduct, including all appropriate laws and regulations.

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Media Coverage

2021 LISA Member’s Annual Market Data Released

The Life Insurance Settlement Association (LISA) advances the highest standards of practice and professional development for the life settlement industry and educates consumers and advisors about a life settlement as an alternative to lapse or surrender of a life insurance policy. As the oldest and largest trade organization serving the…

LISA Statement on the Passing of Former Executive Director Doug Head

Former LISA Executive Director Doug Head Passes Away WASHINGTON, DC., November 16, 2021 Through the Life Insurance Settlement Association's (LISA) ongoing communication with its members and other market participants, we recently learned that former LISA Executive Director Doug Head passed away in Florida over the weekend following a long illness.…

Conferences

Learn more about our upcoming events and conferences. Stay up-to-date with the planned events and gatherings of the Life Insurance Settlement Association.

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Latest Blogs

05/23/2022

Consumers were paid over $750 Million by LISA Members for the sale of their unwanted life insurance policies

On May 3, the Life Insurance Settlement Association (LISA) released findings from its 2021 Annual Market Data Collection Survey. The data collected represents summary closing…

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02/23/2022

The Evolution of Regulations that have Benefited the Consumer

The life settlement industry was born in 1911 when Supreme Court Justice Oliver Wendell Holmes Jr. and his fellow justices ruled that life insurance is…

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10/13/2021

Combating Inflation with Life Settlement Earnings

Everything is getting more expensive these days. Gas prices are higher, food prices are higher, used car prices are higher—it seems like nothing right now…

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10/06/2021

How Did Insurance Policy Owners Earn $848 Million in 2020?

It’s true—according to “The Life Settlements Report” released by The Deal, 3,241 people sold their life insurance policies in 2020 for a combined total of…

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